Your S-Corp Setup Is Either Saving You $10K or Quietly Costing You.
S-Corp elections, C-Corp formations, and ongoing corporate tax strategy for owners at $80K+ in net profit who want the math right, not just the form filed.
Electing S-Corp status on Form 2553 is a 2-page filing. Getting it to actually save money every year is a math problem — reasonable comp, distributions, payroll setup, state elections, and retirement plan design. Most owners who file the election on their own leave half the savings on the table, or trigger an IRS review they didn’t see coming.
Based in Fort Lauderdale. Running S-Corp and C-Corp elections for Florida and nationwide owners.
- $50M+ identified in client savings
- 21,700+ returns filed
- 500+ five-star reviews
- 98% client retention
Filing the Election Isn’t the Savings.
An S-Corp election is not a tax strategy. It’s a form. The savings live in what you do after you file it: your officer comp, your distribution schedule, your payroll setup, and whether you plan for it all in October instead of March. Without those, an S-Corp often costs more than a sole proprietorship once payroll, tax prep, and compliance fees are tallied.
You don’t need a cheaper Form 2553. You need an engagement that makes the election actually pay for itself every year. What’s it costing you to wait another quarter?
Run My S-Corp MathS-Corp status requires payroll, a separate tax return, and annual compliance. At low profit, you’re underwater. At the right profit level, you save five figures a year. The break-even is specific to your numbers.
S-Corp elections are due by March 15 of the year they take effect. Miss it and most owners think they’re stuck. In fact, Revenue Procedure 2013-30 offers a late election path — most preparers don’t know the procedure or how to execute it.
Taking all S-Corp income as distributions (and no salary) is the single fastest way to invite an IRS reasonable-comp audit. The penalties back-assess payroll tax plus interest on every year you underpaid yourself.
C-Corps make sense for scaling businesses, VC-backed startups, and owners retaining heavy profit. S-Corps make sense for service businesses distributing most profit. Picking the wrong one costs five figures a year in taxes you don’t need to pay.
Your corporate structure affects your exit. C-Corp stock can qualify for QSBS ($10M+ in tax-free capital gain). S-Corp distributions get a step-up basis differently. The wrong entity structure can cost you six figures at exit.
S-Corps have strict shareholder limits (100), no corporate owners, single-class stock. If you’re adding partners, issuing equity, or bringing in investors, an S-Corp may suddenly disqualify you the day the deal closes.
Built in South Florida, by real tax pros.
SMAART was founded by Ray Dominguez (IRS Enrolled Agent, US Tax Court Practitioner) as a South Florida tax firm with S-Corp, C-Corp, and multi-entity structuring at the core of the practice.
Over 21,700 returns later, the pattern is clear: S-Corp elections handled by generalists leave thousands on the table, and C-Corp setups done in a vacuum usually get unwound within 5 years. Both benefit from a tax strategist who thinks in years, not filings.
Today, SMAART runs S-Corp and C-Corp engagements end-to-end: election math, Form 2553 / 8832 filings, reasonable-comp studies, payroll setup, bookkeeping, quarterly strategy, and the annual return. One team, flat-rate pricing, 98% retention.
A few faces from the team.
IRS Enrolled Agents, USTCPs, and senior tax preparers who’ve run S-Corp and C-Corp elections through every scenario — including the ones the IRS later questions. You talk to the person who runs the math.
- Credentials
- EA · USTCP · RIA
- Languages (6)
- EN · ES · FR · HT · PT · IT
- Combined experience
- 20+ years
- Home office
- Fort Lauderdale, FL
If your books only tell you what happened, you’re already behind. Real accounting shows you what to do next.
When the IRS is in your inbox, you don’t need optimism. You need someone who’s done this a thousand times and knows the next move.
Every deduction we miss is money you paid for no reason. My job is to keep that number at zero.
Plus senior payroll specialists, reasonable-comp analysts, and corporate tax preparers across our Fort Lauderdale office.
Florida-based. Every US state.
Most of our S-Corp and C-Corp clients are Florida-based for tax reasons (no state income tax), but we run elections for owners in every US state. State-by-state conformity, multi-state nexus, and expat founder situations all handled in-house.
Corporate Structures for Real Companies.
Across our client base we’ve identified over $50M in savings, earned 500+ five-star reviews, and maintain a 98% retention rate. Here’s what structural tax work looks like in practice.
“I was a sole proprietor clearing $320K and paying full self-employment tax on all of it. SMAART ran the math, filed the S-Corp election, set a defensible salary, and cut my tax bill by $41K a year. Same revenue, same work.”
“We needed a Delaware C-Corp with a cap table institutional investors wouldn’t redline. SMAART coordinated formation, 83(b) elections, QSBS-qualified stock, and a clean data room. Closed Series A the following quarter.”
“Seven rental properties plus an operating company for property management. SMAART designed a holding-company / per-property LLC / S-Corp operator stack that limits liability, optimizes depreciation, and saves taxes without over-engineering it.”
“Two attorneys on a handshake partnership agreement. SMAART converted us into a Florida PLLC with S-Corp election, drafted a real operating agreement, and ran the reasonable-comp analysis for both partners. Clean structure before the first K-1.”
Trusted by Corporate Owners Across the US.
507 five-star Google reviews. Owners who ran the math with us instead of with an online filing service.
“Ray and his staff are worth every penny I spent. Thank you Ray for saving me so much money on my taxes.”
“Lisa’s professional and efficient approach has been invaluable in helping us clarify doubts, find solutions, and make strategic decisions. Her dedication and expertise make a real difference.”
“Lisa is very knowledgeable, easy to work with, and tries her best to find ways to save you money when possible.”
“Especially Lisa and Katie. I’ve known them for so many years. They are very professional and knowledgeable. They know what they’re doing, and I’m very happy to be their client.”
Built for Owners Who Want the Math Right.
From election math through the annual return — a full engagement, not a one-time filing.
Or call (305) 819-3675 to talk with our team today.
S-Corp Election & Setup
Form 2553 filing (including late-election paths under Rev. Proc. 2013-30), reasonable-comp study, payroll setup, and state-conformity elections — handled together so the election pays for itself on day one.
- Form 2553 election (on-time or late)
- Reasonable-compensation analysis
- Payroll and state conformity setup
C-Corp Formation & Tax Setup
Full C-Corp setup including entity filing, Form 8832 where needed, shareholder documentation, and the Section 199A / QSBS / fringe-benefit strategy that makes C-Corps worthwhile in the first place.
- C-Corp formation and Form 8832
- Shareholder and stock-basis documentation
- QSBS and fringe-benefit planning
Reasonable Compensation Studies
BLS benchmarking and industry comp studies documented in a workpaper that holds up in front of the IRS. Annual refresh so the number keeps pace with your business.
- Annual reasonable-comp benchmarking
- Documentation workpaper for audit defense
- Quarterly compensation adjustments
Ongoing Corporate Tax & Planning
Annual Form 1120 or 1120-S, quarterly planning sessions, retirement plan coordination (Solo 401k, SEP, Defined Benefit), and coordination with personal returns for the owner(s).
- Form 1120 and 1120-S preparation
- Quarterly tax planning sessions
- Retirement plan and benefit coordination
Built for Owners at the Election Threshold.
Our S-Corp and C-Corp clients are owners where the election actually moves the needle. If the math doesn’t support the election, we say so on the first call — and save you the fees.
Not sure if the election is right for you? Book a free 30-minute call and run the math.
Run My S-Corp MathSole proprietors hitting $80K+ in net profit.
Consultants and freelancers moving from 1099 to incorporated.
Service-business owners (agencies, law, medical, trades).
E-commerce and SaaS founders scaling past solo income.
Real estate investors structuring holding and operating entities.
VC-backed founders needing C-Corp + QSBS planning.
S-Corps that were set up wrong and need a tune-up.
Owners who missed the March 15 election deadline and need a late path.
Owners Choose SMAART Company.
An S-Corp or C-Corp is a multi-year decision. Here’s what you get with us that a filing service can’t offer.
Our corporate clients stay because the engagement keeps paying for itself year after year — through the election, the payroll, the return, and the planning.
We run the math first, file the form second.
On the first call we model your numbers and tell you whether the election actually pays for itself. If it doesn’t yet, we’ll tell you when it will.
Late S-Corp elections, done right.
Missed March 15? Revenue Procedure 2013-30 allows late elections in many cases. Most generalists don’t know the procedure. We run them often.
Reasonable comp documented for audit.
Your S-Corp salary is backed by BLS data, industry studies, and a written workpaper. If the IRS ever asks, there’s a file on the shelf that answers the question.
One firm for every related service.
Election, payroll, bookkeeping, corporate return, personal return, retirement plan — every piece runs on the same desks. Nothing gets lost between providers.
IRS audit defense by the preparer.
IRS Enrolled Agents and USTCPs on staff represent corporate owners in examination, appeals, and US Tax Court. Same firm that filed the election defends it.
Flat-rate pricing. No billable-hour games.
Full S-Corp or C-Corp setup engagements are $1,500–$5,000 one-time flat, scoped up front by entity type, number of owners, and whether late-election work or cap-table-ready docs are needed. Includes election filing, reasonable-comp study, payroll setup, and year-one strategy. No yearly surprise increases, no hourly surprises.
A Simple Process to Elect and Save.
From first call to filed election, a clean path that treats the election as the start of a plan, not the end of a filing.
Free 30-minute election analysis.
A senior EA runs the math on your projected net profit, owner compensation, and current structure. You leave the call knowing whether the election saves money and by how much.
Flat-rate engagement and scope.
We send a clear multi-year proposal: the election, payroll setup, annual return, and quarterly planning. No hourly surprises, no first-year loss leaders with a renewal jump.
File, set up, and run.
We file Form 2553 (or 8832 for C-Corp), set up payroll at the reasonable comp number, register state accounts, and hand you a working corporate structure with a tax plan behind it.
Corporate Election Questions, Answered.
Common questions owners ask on discovery calls. Want something specific? Book a free review.
Or call (305) 819-3675 to talk with our team today.
Run the Math Before You Elect.
30 minutes with an IRS Enrolled Agent. We’ll model your projected profit, calculate the actual election savings, and tell you whether it’s the right move. No pressure, no hard sell.
- A senior EA or USTCP, not a filing clerk
- Election math on your actual numbers
- A written, flat-rate proposal — if we're a fit
- Zero pressure if we're not
Tell us where you stand.
Drop your details and a senior accountant will reply within one business day. You'll get specific answers on your situation, not a pitch. No spam, no hard sell.